Fed minutes to offer clearer clues on rate hike – Oanda

‘Confuse when you cannot convince’ appears to the Fed strategy as every other policymaker has contradicting views on whether the next rate hike should happen or not.

Markets are struggling to digest the fact that Fed policymakers are having a tough time reaching consensus, says Craig Erlam, Senior Market Analyst at Oanda. He is joined by Tip TV’s Zak Mir and Mike Ingram, Strategist at BGC Partners.

Erlam believes the Fed’s forward guidance is a mess and it is only through minutes that we could have a clearer picture of whether the policymakers are reaching consensus.

Erlam also presents his view on EUR/JPY, FTSE100 and GBP/USD. The unique mix of funda and technical outlook makes this a must watch segment.